Adjusted EPS for Q2 was $1.08, with no analyst estimates provided
Company attributed revenue growth to momentum in advertising and subscriptions
Analyst coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 12 "strong buy" or "buy", 17 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the entertainment production peer group is "buy"
Wall Street's median 12-month price target for Roku, Inc. is $158.50, about 7.9% above its August 5 closing price of $146.96
The stock recently traded at 47 times the next 12-month earnings vs. a P/E of 47 three months ago
Result drivers and key details
- Co said higher-margin ad products and expanded programmatic capabilities drove advertising revenue and margin growth
Subscriptions & sports content - Co said sports content and premium subscriptions fueled subscription revenue growth, though gross margin declined due to mix shift
Home Screen & AI features - Co said rollout of new Home Screen and improved AI-powered recommendations boosted user retention and engagement, supporting monetization
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